We sat down with MK2 Real Estate to see how Yardi’s purpose-built real estate cloud software enabled the team to manage more than £1.5 billion in mixed-use assets, with 2,000+ tenants – all on a single platform.
“I’d used Yardi for 10 years prior to joining MK2, and I knew it could do what we needed. We were setting everything up from scratch and wanted a system that could grow with us.”
Marcello Della Croce, Director, MK2 Real Estate
The Company
MK2 Real Estate is one of Birmingham’s leading independent commercial property advisers. The firm works across the UK advising on commercial property investment sales and acquisitions. This includes:
- Lease consultancy for landlords and tenants
- Building consultancy, including project management and dilapidations
- Property management, including facilities management, rent and service charge collection
The Challenge & Solution
MK2 was founded in 2012, and when they launched their commercial property management business in 2017, the business began with just two people.
MK2’s property management team wanted a platform that could support growth, streamline property operations, and handle service charges and tenant management at scale.
The Results
MK2’s property management team has grown from two to 25 people, with over £1.5 billion assets under management and 2,000+ tenants across the UK. With Yardi as its central platform, the team continues to scale efficiently, adopt new tools quickly, and deliver outstanding client service.
The implementation of Yardi Procure to Pay has transformed MK2’s accounts payable processes, saving the team 50-man hours per month.
“We went from manually signing off invoices to digital workflows. It’s not just faster, it gives us full traceability from receipt to approval, and that’s been a game-changer for our team.”
Darren D’Amore, Head of Client Accounting, MK2 Real Estate
Ongoing Partnership: Looking Ahead
MK2 has implemented Voyager 8, enabling the team to be AI-ready, and bringing enhanced workflows and task automation, notification tools to reduce email reliance, and greater transparency into jobs and approvals.
The latest software provides better visibility, allowing the team to see everything from the central dashboard without having to filter down by client. In addition, the team is looking forward to Yardi’s Tech Roadmap, preparing to explore future features such as AI-powered lease data extraction and more.
Want to see how Yardi’s cloud technology can help you create a stronger data foundation, and enable you to be AI-ready? Get in touch and speak to an expert today!